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اردو

Dec 26, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

World

Nippon Steel’s US Steel takeover plan has support in steelmaking areas, executive says

Reuters Published December 25, 2024

TOKYO: Japan’s Nippon Steel is seeing support for its proposal to acquire US Steel in the regions of the United States where steel mills are located, Nippon Steel’s President Tadashi Imai told reporters on Wednesday.

President Biden to decide fate of Nippon Steel’s $15bn bid for US Steel

On Monday, a US foreign investment committee referred the decision whether to approve or block the $15 billion deal to US President Joe Biden, who has 15 days to decide.

Biden and his incoming successor, Donald Trump, have both expressed opposition to the purchase.

Donald Trump Joe Biden US Steel US foreign investment committee Japan Nippon Steel Nippon Steel’s President Tadashi Imai

Comments

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Dar-es-Salaam / Dec 26 Dar-es-Salaam Textile Mills Limited(DSML)	51.25 ▲ 4.66 (10.00%)
Liven Pharma / Dec 26 Liven Pharma Limited(LIVEN)	113.10 ▲ 10.28 (10.00%)
Ghani Chem. Ind. / Dec 26 Ghani Chemical Industries Limited(GCIL)	17.74 ▲ 1.61 (9.98%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99 ▲ 8.95 (9.94%)
Sardar Chemical / Dec 26 Sardar Chemical Industries Limited(SARC)	40.30 ▲ 3.63 (9.90%)
Al-Khair Gadoon / Dec 26 Al-Khair Gadoon Limited(AKGL)	50.90 ▲ 4.56 (9.84%)
Shams Textile / Dec 26 Shams Textile Mills Limited(STML)	28.66 ▲ 2.55 (9.77%)
B.R.R. Guardian / Dec 26 B.R.R. Guardian Limited(BRRG)	22.79 ▲ 1.97 (9.46%)

Stock	Price
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Hoechst Pak. / Dec 26 Hoechst Pakistan Limited(HPL)	2,565 ▼ -285.00 (-10.00%)
Unicap Modaraba / Dec 26 Unicap Modaraba(UCAPM)	2.85 ▼ -0.31 (-9.81%)
J.A.Textile / Dec 26 J.A. Textile Mills Limited(JATM)	31.02 ▼ -2.93 (-8.63%)
Bannu Woollen / Dec 26 Bannu Woollen Mills Limited(BNWM)	33.50 ▼ -2.54 (-7.05%)
Pakistan Cables / Dec 26 Pakistan Cables Limited(PCAL)	146.05 ▼ -9.94 (-6.37%)
786 Invest Ltd / Dec 26 786 Investments Limited(786)	6.72 ▼ -0.43 (-6.01%)
Blessed Tex. / Dec 26 Blessed Textiles Limited(BTL)	282 ▼ -17.47 (-5.83%)
Faisal Sp. / Dec 26 Faisal Spinning Mills Limited(FASM)	278.01 ▼ -16.84 (-5.71%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.03
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	67,135,769 ▲ 0.72
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▲ 0.11
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.05
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.07
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	29,562,935 ▲ 2.48
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.20
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.41
Sui North Gas / Dec 26 Sui Northern Gas Pipelines Limited(SNGP)	26,262,710 ▲ 3.96